New relations between natural resources and industry in a globalized world economy

Author:Cristian Sima - Catalina Bonciu - Marius Bulearca - Gheorghe Marinescu
Position:Dr. CS III, Centre for Industry and Services Economics, Romanian Academy - Professor, Ph.D., Faculty of Administration and Business, University of Bucharest, Romania - Dr. CS II, Centre for Industry and Services Economics, Romanian Academy - Lecturer, Ph.D., 'Dimitrie Cantemir' Christian University, Bucharest, Romania
Pages:187-193
Cristian Sima, C?t?lina Bonciu, Marius Bulearca, Gheorghe Marinescu
187
LESIJ NO. XIX, VOL. 2/2012
NEW RELATIONS BETWEEN NATURAL RESOURCES
AND INDUSTRY IN A GLOBALIZED WORLD ECONOMY
Cristian SIMA
Ctlina BONCIU
Marius BULEARCA
Gheorghe MARINESCU
Abstract
Natural resources are not homogeneous in nature, having certain features in the productive
process that require grouping them into different categories by different criteria. Consequently,
natural resources cannot be addressed all at once, but only distinctly, according to relevant criteria
selected based on the proposed goals. Changing approaches based resources (materials) to the
knowledge, from quantity to quality, from mass products to new concepts of higher added value,
follows a development that is based on eco-efficiency and sustainable products and services. In this
respect, integrated research will become key factors towards global processing.
Keywords: economy, mining industry, natural resources market, property rights regime,
total economic value
Introduction
The knowledge of the crisis and the clear economic value of resources may impose a series of
initial constraints as short-term relatively high costs, but in the same time, such effective in creases
may also provide incentives for economic innovations necessary to any problem which may arise in
times of crisis. Optimistic predictions are often supported by old innovations responsible for the lack
of raw materials and energy.
The modern industrial economy lies in a remarkable number of options which require
compliance with environmental and natural resource exploitation. The technological changes
generating new substitutes increase the productivity of the old ones. The way of improving these
processes include:
1. Increase production per unit of resources entered into the economic process, for example,
the decrease in the amount of coal needed to generate a kWh.
2. The discovery of new metals, synthetic fibers, plastics, etc.
3. Productivity growth in mining processes.
4. Productivity growth in extraction processes and discovery of resources.
5. Develop techniques for waste reuse and recyclable materials.
6. Develop techniques for deep mining or other abundant resources.
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Dr. CS III, Centre for Industry and Services Economics, Romanian Academy (email:
sima60cristian@yahoo.com).
∗∗ Professor, Ph.D., Faculty of Administration and Business, University of Bucharest, Romania (email:
catalina.bonciu@yahoo.com).
∗∗∗ Dr. CS II, Centre for Industry and Services Economics, Romanian Academy (email:
mariusbulearca@yahoo.com)
∗∗∗∗ Lecturer, Ph.D., ”Dimitrie Cantemir” Christian University, Bucharest, Ro mania

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